8 Nineteenth Street Toronto, Ontario M8V 3L3
$1,299,999
This highly-maintained, purpose-built triplex in Toronto's high-demand Long Branch neighbourhood a strategic investment offering immediate cash flow, significant appreciation potential, and minimal management hassle. This turnkey property boasts an exceptional location steps from Humber College's steady tenant pool and mere minutes to Lake Ontario & Colonel Sam Smith Park, ensuring premium rents and high tenant retention. The 2,655 sq ft triplex features three pristine, self-contained suites: two spacious 2-bedroom units currently generating reliable month-to-month income, and one bright vacant 1-bedroom unit ready for immediate rental or owner occupancy, maximizing your yield from day one. Ownership costs are streamlined as tenants cover their own utilities. Unparalleled walkability (3-5 minutes to restaurants, shopping, medical services; 5-10 minutes to Humber College) guarantees strong rental fundamentals. Critically, significant untapped equity exists with the highly lucrative possibility to construct an additional Lane Way/Garden Suite, dramatically boosting rental income and property value. This asset combines dependable current cash flow from a desirable location with a clear, high-impact path to substantially enhanced future returns through development, making it a standout opportunity in Toronto's thriving rental market. (id:60083)
Property Details
| MLS® Number | W12034072 |
| Property Type | Multi-family |
| Community Name | New Toronto |
| Amenities Near By | Schools, Park, Public Transit, Beach |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Age | 31 To 50 Years |
| Amenities | Canopy |
| Appliances | Water Meter |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick, Brick Facing |
| Fire Protection | Smoke Detectors |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Schools, Park, Public Transit, Beach |
| Sewer | Sanitary Sewer |
| Size Depth | 119 Ft ,1 In |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 119.1 Ft |
| Size Total Text | 30 X 119.1 Ft |
| Zoning Description | Rd(f7.5;a230;d0.4) |
Utilities
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28057191/8-nineteenth-street-toronto-new-toronto-new-toronto
Contact Us
Contact us for more information
Dean Aronovici
Broker of Record
159 Avenue Rd
Toronto, Ontario M5R 2H7
(416) 892-8000
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June 20 2025 09:47:13
Toronto Regional Real Estate Board
RE/MAX Dash Realty